Axios says proposed US-Iran deal involves opening strait during 60-day ceasefire extension
The U.S. and Iran are nearing a deal that would extend a ceasefire for 60 days, allowing for the reopening of the Strait of Hormuz. During this period, Iran would be permitted to sell oil freely, and discussions would take place regarding its nuclear program. The agreement also includes commitments from Iran to halt its pursuit of nuclear weapons and to negotiate on uranium enrichment.
- ▪The proposed deal involves a 60-day ceasefire extension between the U.S. and Iran.
- ▪During this period, the Strait of Hormuz would be reopened without tolls, and Iran would clear mines to allow free passage for ships.
- ▪The U.S. would lift its blockade on Iranian ports and issue sanctions waivers for oil sales.
10 outlets in our directory ran this story, first to last over 3 days. Coverage spans 4 points on the political spectrum — 2 lean left, 5 centre, 1 lean right, 1 right.
- ▪ Lebanon ceasefire falters as Trump pushes for Iran deal — Washington Post — World
- ▪ Did Trump oversell a broken Iran ceasefire deal? — Al Jazeera English
- ▪ Oil prices tumble as deal to end Iran war appears close, though Trump says there's no rush - Morningstar — Google News
- ▪ Trump tells US negotiators 'not to rush' into deal with Iran — BBC News
- ▪ Trump Says There Is No Rush for Iran Deal, US Blockade Stays — Daily Signal
- ▪ Trump says there’s no rush as deal to end Iran war, reopen Strait of Hormuz appears close — MarketWatch — Top Stories
- ▪ US and Iran near deal to reopen Strait of Hormuz, lift oil sanctions — Crypto Briefing
- ▪ US, Iran near deal to reopen Strait of Hormuz during ceasefire extension - Axios — Investing.com — News
- ▪ US-Iran 60 day deal will open Strait of Hormuz, lift oil sanctions, end Lebanon war - report — The Jerusalem Post | JPost.com
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| Original publisher | Straits Times — World |
| Canonical URL | https://www.straitstimes.com/world/middle-east/axios-says-proposed-us-iran-deal-involves-opening-strait-during-60-day-ceasefire-extension |
| Publication time | Sun, 24 May 2026 11:58:40 +0800 |
| Retrieval time | 2026-05-24T04:02:30.809Z |
| Last seen | 2026-05-24T04:02:30.809Z |
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Axios says proposed US-Iran deal involves opening strait during 60-day ceasefire extensionSign up now: Get ST's newsletters delivered to your inboxVessels in the Strait of Hormuz, Iran, May 22, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERSPublished May 24, 2026, 11:58 AMUpdated May 24, 2026, 11:58 AMMay 23 - The U.S. and Iran are close to signing a deal involving a 60-day ceasefire extension, during which the Strait of Hormuz would be reopened, Iran would be able to freely sell oil and negotiations would be held on curbing Iran's nuclear program, Axios reported on Saturday, citing a U.S.
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